South Korea's Kospi index hit another record high thanks to a surge in chip titans SK hynix and Samsung

South Korea's Kospi index hit another record high thanks to a surge in chip titans SK hynix and Samsung

Tech firms led a rally across most Asian markets Monday following another healthy day on Wall Street fuelled by more strong earnings, while investors were also cheered by news that Iran had submitted fresh proposals to end its war with the United States.

While the Middle East crisis continued to rumble along, with the Strait of Hormuz still effectively choked off, dealers turned their focus on the corporate world as they jumped back into the AI trade that has propelled several markets to record highs.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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